SCHEDULES

SCHEDULE 5Non-UK resident companies carrying on UK property businesses etc

PART 2Supplementary & Consequential amendments

23CTA 2009

1

Section 792 (reallocation of charge within group) is amended as follows.

2

Omit subsection (5).

3

In subsection (6) for “makes further provision” substitute “sets out further requirements”.

4

After subsection (6) insert—

6A

Section 793A makes provision about the effect of elections under this section.

5

In subsection (8) after “793” insert “, 793A”.